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Fruno

11/11/25 11:39 AM

#225625 RE: tedpeele #225590

And you see what you want to see and believe what you want to believe.

Your crusade to convince everyone that Nokia is the new Stage 3 shows how narrow you thinking is. You want it to be Nokia because, in your mind, that justifies you calling the company liars, that Nokia doesn't count as a new Stage 3 engagement. Nokia's work with Polariton is several years old -- maybe Nokia liked what they saw in Perkinamine and are now engaging with the company on a non-plasmonic device. Maybe the new Stage 3 is isn't Nokia. Doesn't matter to you, you're going to keep believing what you want to believe and keep up the negativity.

When someone (usually GP) makes a proclamation about what LWLG can't or never can do, it always comes with no justification. GP never includes backup for his statements. What I do, as an investor, is go looking for proof of what he said, which I don't find. Then I look to see if LWLG is addressing the issue, which I do find. All that blather a few years ago about poling, I provided factual, technical information showing that the company was working on and solving any related problems long before GP brought it up. Both you and he cannot fathom that the people at LWLG know what hurdles they need to overcome and that they know how to overcome them . These issues are similar to the ones facing plasmonics now - integration with existing foundry processes and long-term stability, mainly. LWLG has proven that devices containing Perkinamine can be made in foundries - that's why they have PDKs available now. They proved that Perkinamine has long-term stability against heat, light and moisture by passing Telcordia testing. There is a long trail of patents that address poling, stability and integration into foundries. Polariton faces similar hurdles. With help from LWLG, they are on the they to overcoming them (not that you want to give them any credit). Now Polariton is passing Telcordia tests for a device. This is all signs of tangible progress.

Now LWLG has a big industry player spending their own money to bring a device to market - it really doesn't matter if it's Nokia or some other company. It's confirmation industry players are taking LWLG seriously. The NDAs that are disparaged so much allow LWLG to interact with industry players and specifically address their concerns. Now it's paying off.